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Mike HammerJanuary 24, 2019Comments Off on India Retail Gold Sales Are Significantly Down

We’re toward the end of the Indian big-gold-demand season, and sales are reportedly down as much as 70% over last year. It’s not unusual for sales to fluctuate year-to-year, but the drop this year has to

Mike HammerJanuary 23, 2019Comments Off on Arizona Looks to Gold to Secure State Assets

With US States awash in debt it’s easy to forget that they also have assets. And that those assets are usually exposed to market risks. In Arizona State Representative Mark Finchem (R-Tucson) introduced a bill that would require Arizona to

Mike HammerJanuary 22, 2019Comments Off on Gold News: Bank Considers Moving Bars for More of This [DETAILS]

In the morning’s most confusing headline, the Bank of England is considering moving bars to make room for — bars? Or, to detangle the mess, they’re considering moving gold bars to make room for pubs. You

Recently, Newmont (NYSE:NEM) announced they were buying Goldcorp (NYSE:GG) in a deal valued at $10 Billion (with a B, if you need help with the alphabet). Market watchers immediately noted this would make the

Every now and then, your friendly Gold Enthusiast likes to take time away from market watching to read what other analysts say. Sometimes this makes for an entertaining morning, such as when the analyst being read completely disagrees with your Gold

Mike HammerJanuary 16, 2019Comments Off on Market News: Italian Bond Sale Has a Surprising End [Details]

Italy’s latest bond sale had a somewhat surprising end last week. You would think Italy, running the second highest debt ratio in the EU, would have trouble selling new debt on the markets. Turns out that’s not the case,

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